Used Car NewsUsed Car News

  • ABG +1.28 - +2.34%
  • AN +1.14 - +2.31%
  • CACC -1.05 - -0.56%
  • CAR +0.56 - +1.98%
  • CARZ -0.2391 - -0.7307%
  • CPRT +0.74 - +1.54%
  • CPSS -0.05 - -1.26%
  • CRMT +0.89 - +3.85%
  • DAI
  • F -0.01 - -0.07%
  • FIATY
  • GM +0.10 - +0.32%
  • HMC -0.58 - -2.09%
  • HTZ +0.01 - +0.11%
  • KAR +0.23 - +0.56%
  • KMX +0.20 - +0.37%
  • LAD +0.79 - +0.97%
  • MZDAF +0.00 - +0.00%
  • NSANY -0.09 - -0.49%
  • PAG +0.73 - +1.90%
  • SAH +0.28 - +1.61%
  • TM -1.68 - -1.64%
  • TRAK +0.00 - +0.00%
  • TSLA -2.08 - -0.92%
  • TTM +0.07 - +0.24%
  • VLKAY -0.05 - -0.18%
  • VROM

Featured News

State Fines, Bans Buy-Here, Pay-Here Dealer

The Pennsylvania Department of Banking and Securities has issued an order against Dean M. La...

Read more

Exeter Debuts New Logo, Other Updates
Exeter Finance Corp. unveiled a new company logo to dealers and customers in tandem with the company...

Read more

Edmunds Sees Slight Dip in Sales
Used-cars sales declined slightly in May.
Edmunds.com estimates 3.2 million used cars will be...

Read more

America’s Car-Mart’s Profits Tumble
America’s Car-Mart Inc. reported that net earnings in the latest quarter fell to $3.4 million, compa...

Read more

State Fines, Bans Buy-Here, Pay-Here Dealer
Exeter Debuts New Logo, Other Updates
Edmunds Sees Slight Dip in Sales
America’s Car-Mart’s Profits Tumble

Used Car News | Home

Auto Lender Expands

regionalRegional Management Corp. a diversified specialty consumer finance company, announced the expansion of its operations to Georgia, its eighth U.S. state, with the opening of a new AutoCredit Source (ACS) branch in Atlanta.

The company also announced the recent opening of a new AutoCredit Source branch in Austin, Texas.

Collectively, ACS Atlanta and ACS Austin represent the fifth and sixth ACS branches in major metropolitan markets, following the successful launch of ACS branches in Charlotte, Dallas-Fort Worth, Houston and San Antonio.

Automobile lending currently represents approximately 42 percent of Regional's overall lending dollar asset base, and indirect auto lending currently encompasses approximately 15 percent of Regional's total auto lending asset base.